Trekking Company had the following purchases during the year:

January 1:10 units at $120February 1:20 units at $130May 1:15 units at $140September 1:12 units at $150November 1:10 units at $160

On March 9th, Trekking Company sold 20 units for $200, what is the cost of goods sold under the weighted average method of accounting for inventory?

Question 19 options:

1)

$4,000

2)

$2,500

3)

$2,533

4)

$2,776

5)

$2,400